Penserra Capital Management LLC acquired a new position in iShares U.S. Telecommunications ETF (BATS:IYZ – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 178,682 shares of the exchange traded fund’s stock, valued at approximately $4,513,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Citigroup Inc. increased its holdings in iShares U.S. Telecommunications ETF by 1,907.8% in the third quarter. Citigroup Inc. now owns 1,170,676 shares of the exchange traded fund’s stock worth $29,571,000 after purchasing an additional 1,112,371 shares in the last quarter. Millennium Management LLC bought a new stake in shares of iShares U.S. Telecommunications ETF in the 2nd quarter valued at $5,430,000. Retireful LLC acquired a new position in shares of iShares U.S. Telecommunications ETF during the 2nd quarter valued at $1,835,000. First Heartland Consultants Inc. bought a new position in iShares U.S. Telecommunications ETF during the second quarter worth $1,258,000. Finally, Sanctuary Advisors LLC acquired a new stake in iShares U.S. Telecommunications ETF in the second quarter worth $1,099,000.
iShares U.S. Telecommunications ETF Price Performance
Shares of IYZ opened at $27.63 on Monday. iShares U.S. Telecommunications ETF has a one year low of $26.56 and a one year high of $34.77. The company has a market cap of $277.68 million, a PE ratio of 13.32 and a beta of 0.86. The stock has a 50-day moving average of $25.90 and a 200-day moving average of $23.46.
iShares U.S. Telecommunications ETF Company Profile
iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).
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